Topic: B3 Coin V2 Newest Thread Updates (Read 1494 times)

NEW WALLET UPGRADE

The B3 team is pleased to announce that the latest wallet software version 3.0.0.2 is ready for distribution. You can find the relevant downloads for Linux, Mac and Windows here: https://github.com/B3-Coin/B3-CoinV2/releases/tag/3.0.0.2b

Please work with your fellow B3’ers in the community to get this version up and running ASAP. The team is also here, ready to assist anyone who needs help getting the new version upgraded on their machines. Please make sure to let everyone know that they must make this important upgrade.

Wallet Upgrade Process:
1. Backup your wallet.dat (please please make sure you have also dumped your private key onto paper for safe keeping.  There is a great video resource on how to do this by B3 helper SkyHyperV ( https://www.youtube.com/watch?v=dg1Gvx1m4d8&t )
2. Delete the existing peers.dat file.
3. Delete the old .exe or .dmg file, replacing it with the new executable
4. Now open the B3 wallet. You can verify the new version by going to Help > About B3-Coin and it will display the wallet version - it must be version 3.0.0.2.

Important Notes!

If you are not on the new wallet (3.0.0.2) by block 78,000, any stake rewards you receive past block 78,000 will not be credited to you on the new chain. You MUST UPGRADE in order to ensure that all stakes received after block 78,000 are credited properly.

You will notice a new feature on the send page "send fundamental node payment" this is part of our upcoming Fundamental masternode release but is not yet activated, so for the time being please DO NOT utilize this function. This option will be usable once we have turned on the necessary components to enable Fundamental Masternodes which will be enabled within 24 hours of performing the upgrade. A separate news release will go out, documenting Fundamental Masternodes, including setup, and functionality.



FUNDAMENTAL NODE REWARDS STRUCTURE

In order to give everyone something to look forward to, here is a brief explanation of how the rewards will be structured for Fundamental Masternodes:

During every block confirmation, the oldest Fundamental Masternode in line will receive 60% of the staking reward for that block, then go to the back of the line. The wallet which confirmed the block, thereby generating the block reward, will receive the remaining 40%.

This process is performed between 240 to 250 times per day, or in other words, 7,200 to 7,500 times per month.
The cost to set up a Fundamental Node depends on the current block height and is as follows:

Block 78,000 - 85,000 requires 25 Million B3 coins
Block 85,001 - 95,000 requires 20 Million B3 coins
Block 95,001 - Ongoing requires 15 Million B3 coins

For investors of B3 that currently have smaller amounts of coins, we have not forgotten about you. Fundamental Node Pools will be implemented so you too can participate and earn from this amazing new feature.  More details on this to follow soon.



EXCHANGE ACTIVITY

We have already notified the exchanges of the feature updates and instructed them to put their wallets in maintenance mode. In the interim, please DO NOT SEND OR WITHDRAW B3 coins to/from the exchanges until further notice.



COIN SUPPLY RESOLUTION

Through the extremely talented skillsets and hard efforts of both b3coindev aka Joshafest, and Jamie Woodruff, the B3 Team is elated to announce that a solution to the “#1 wallet” has been devised. The #1 wallet, along with its associated wallets have had their assets tracked, and once this upgrade is in place the wallet is frozen and no funds can be transferred or otherwise recovered.

At block 78,000 of the network, we will be performing a hard fork which will immediately, and irrevocably remove the coins in these predetermined wallets from the circulating supply. Once the dust settles we will share the exact amount that was burned. In addition, the team has engineered safeguards in the codebase which will permanently prevent this scenario from ever occurring again.



TEAM CREDITS

We have to thank our Research and Development team made up of Joshafest, Paepenz, Cdr_Archangel, Cryptokane, SubZ12o, SkyHyperV, and Jamie Woodruff, their hard work has not gone unnoticed!

We thank Borngreat, Dravelous Crypto Crow, ErGo  and Evanonymous for their amazing vision and leadership skills, helping all of us to get to that next level by motivating and inspiring us daily.

Last but not least, we want to thank the Helpers and you, the Community. Keep an eye out because we have more news coming out soon. Thank you all for B3LIEVING!

Can’t believe Jamie Woodruff is now our Brand Ambassador!

Huge news!  This really legitimizes B3 in so many ways.

https://www.benzinga.com/pressreleases/17/11/p10808542/b3coin-announces-jamie-woodruff-as-new-ambassador

Good to see the B3 family pulling together.

Congratulations to everyone who has made the wallet upgrade. Let's keep it moving

B3 - THE BIG SWITCH ON

NOTICE: This is an un-official open movement by members of the B3 community aimed at protecting investments. IF YOU HOLD B3, JOIN US NOW. IF YOU DO NOT HOLD ANY B3 NOW IS YOUR CHANCE TO GET SOME CHEAP NOW ON AN EXCHANGE!

We understand that it's not always convenient to leave your wallet on 24/7 and this is why we are asking for your help now.

We need your help to secure the future of B3 by providing 80% network consensus with the new wallet version which will allow Fundamental Nodes to be implemented, these nodes will burn huge amounts of coin stabilising both the price and the network. If we work together we can reach the 80% needed now!

We want to hit the 80% network consensus at 18:00 GMT (London) time on 20/11/2017.

Whatever your time zone is, please join us and have your version 3.0.0.1 wallet synced and online.

We ask that you join us by opening your wallet at 16:00 GMT (London) time on 20/11/2017 to allow 2 hours for wallets to sync beforehand.

Check your time zone below now and plan to leave your wallet online from 16:00 GMT – 20/11/2017

You can check your time zone against London here:

https://www.timeanddate.com/worldclock/converter.html

You can see a countdown to the moment we all switch our wallets on (if not already on) to ensure they are fully synced here:

https://www.timeanddate.com/countdown/launch?iso=20171120T16&p0=136&msg=Turn+on+B3+Wallet+%28version+3.0.0.1%29+to+allow+sync&font=slab

You can see a countdown to the moment we will achieve 80% consensus here (This is dependent on all of us working together):

https://www.timeanddate.com/countdown/launch?iso=20171120T18&p0=136&msg=The+point+we+will+reach+80%25+consensus+&font=slab

With all of our updated wallets online at the same time we will achieve the 80% consensus needed.

If you usually switch your computer off when you go to sleep, please leave it on this time for the sake of your investment. If you have other PC’s in the house, be a smart cookie and also download the wallet on these.

SHARE THIS NEWS WITH ALL WHO OWN B3.

JOIN US AND PROTECT YOUR INVESTMENT.


IMPORTANT: Your wallet version must be 3.0.0.1

You can find a simple guide to update your wallet here:

https://steemit.com/b3/@subze12o/b3-wallet-setup-and-community-pool-part-2-wallet-3-0-0-1-upgrade

You can ask questions and get help from the community to update your wallet 24/7 on discord here:

https://discordapp.com/channels/358221005468205066/358371446868934656

As far as we know we are the first to implement this technology.

These fundamental nodes are really interesting, never seen anything like it in other coins.  Are the devs at B3 the first to develop these?

this coin has MASSIVE potential and I'm so glad to be apart of the B3 family!!! Lets take this to the moon!!!!!!!

B3 Coin has a great community, with incoming masternode, there's huge potential.

Let's keep encouraging those that have not to update their wallets to the latest version v3.0.0.1  

So nice to be part of the B3 family.  This is my favorite part:

 B3's Hybrid Algorithm Technology (HAT) and the team's ability to gather a small army of a community boasting 7000 members at the time of this writing.

Nice work Evan.  

georgef7 
aka block_lesner

Updated new wallet. Can't wait for the evolution of b3

Nice one Evan.

Onwards and Upwards!

B3 might be the best investment of 2017. Mark my words.

The Beginning of a New Era is upon us. The seemingly inevitable surge in the crypto space is drawing near with record numbers expected to flow into the market in 2018. Among this vast ocean of currencies, each with its own unique vision, rests a giant among them just waiting to rise-- B3 Coin. Adopted by thousands in a very short amount of time, this coin is at the top of its class for not only Proof-of-Stake coins, but all coins. This is due to B3's Hybrid Algorithm Technology (HAT) and the team's ability to gather a small army of a community boasting 7000 members at the time of this writing.

We will be posting all of our future updates and news here on this thread as the previous one is overly cluttered.


News updates

We are currently working to get Fundamental Nodes released along with full tutorials and all of the information you will need to run them efficiently. So please just be patient as we work out all of the fine details. In the meantime we do request that you update your wallet to our latest version, 3.0.0.1 here:

https://github.com/B3-Coin/B3-CoinV2/releases/tag/v3.0.0.1


Staking will still continue on as scheduled for those who are curious, and we are ahead of schedule on the roadmap! Get ready for huge things coming out of this team as we are continually evolving and climbing the ranks in the process.